Deltic contemplates Selene stake farm down to reach FID
As the windfall tax bites, Deltic Energy’s new CEO Andrew Nunn explains how his attention is turning overseas.
Pensacola
Deltic Energy withdraws from Pensacola due to election uncertainty
Deltic Energy (AIM:DELT) will withdraw from the licence covering the Pensacola discovery due to ongoing political uncertainty around the UK election.
Deltic has little over a week to sell off Pensacola share
Deltic Energy (AIM: DELT) has been granted an extension to progress discussions with potential buyers of its share in the UK’s Pensacola project.
Deltic struggles with Pensacola farm-out as it blames windfall tax
Deltic Energy (AIM: DELT) has given an update on its Pensacola farm-out process, saying it has struggled to find someone to put up cash amid UK fiscal uncertainty.
Syros: Deltic eyes farm out on ‘drill-ready’ project by end of year
Hot off its Southern North Sea success with Shell, Deltic Energy (AIM: DELT) said it is progressing plans for a farm out deal on its “drill-ready” Syros prospect by the end of this year.
Skerryvore: The UK North Sea ‘well to watch’ this year
Analysts have named Parkmead Group’s (AIM: PMG) Skerryvore as the UK North Sea well to watch this year.
Shell signs rig contract with Valaris for Selene and Pensacola wells
Shell has confirmed a drilling contract for the Valaris 123 jackup rig for the Selene exploration well and Pensacola appraisal well.
Deltic stake in Shell’s Pensacola discovery valued at $200m
An analyst firm has put Deltic Energy’s stake in the Shell-operated Pensacola discovery in the North Sea at $200m.
Shell and Deltic take investment decision on Pensacola appraisal
Shell (LON: SHEL) and Deltic Energy (AIM: DELT) have taken a well investment decision on their planned appraisal of the Pensacola discovery.
Deltic eyes farm-down on on Shell-partnered North Sea projects
Deltic Energy (AIM: DELT) is mulling a farm-down of its stake in a pair of Shell-operated (LON: SHEL) North Sea targets and have received “a considerable level of interest”.
Shell hands back licence next to major Pensacola find – in blow for Reabold
Shell (LON: SHEL) has given up on a Southern North Sea prospect, despite it being located directly next to the region’s largest find in a decade.
Deltic shares soar on ‘significant’ Pensacola resource upgrade
Shares in London-listed Deltic, holder of 30% of the licence, soared in mid-morning trading as investors reacted to the news.
Exploration: As Norway unveils major oil and gas discovery, UK ‘lags far behind’
Norway has had a run of oil and gas exploration discovery success which has served to underline the lack thereof for its UK neighbour.
Still the wells to watch? A half-year look at North Sea exploration
Skerryvore is slated for 2024, the Devil’s Hole is on the way, the Bens disappoint, but there’s been some high-impact success too.
‘Perennial issue’ as North Sea explorers over-hype their prospects
There's been numerous cases over the last decade in UK North Sea exploration where company estimates have been way off the mark.
Shell and Deltic looks for ‘similar sized prospect to Pensacola’ for next summer
Deltic Energy (LON: DELT) looks to drill a "similar sized prospect to Pensacola in the summer of 2024".
Deltic: Pensacola will breathe new life into Southern North Sea’s ageing legs
As far as discoveries go, uncovering over 300 billion cubic feet (bcf) of gas and the decade’s largest find isn’t half bad in an increasingly wizened basin.
UK well-slot: Trio of wells in action in the North Sea
As of 24 February, Westwood Global Energy reports that there are two exploration wells, with one each in the NNS and SNS, and one appraisal well active in the CNS. Since the previous report, one exploration well has completed at Orlov.
Hot on Shell discovery, Deltic seeks partners on next North Sea target
Hot on the heels of the largest discovery in a decade for the Southern sector, Deltic Energy (LON: DELT) is seeking partners of its next North Sea prospect.
Horizon targeting 200m barrel North Sea play following nearby Shell success
Horizon Energy Partners is making the most of the current Southern North Sea buzz, following Shell’s (LON: SHEL) milestone success in the region.
Shell Pensacola discovery opens ‘new play fairway’ in North Sea
The largest discovery in a decade for the region will now open up more than a dozen other prospects in the Southern North Sea.
Shell hits region’s largest gas find in a decade at Pensacola
Deltic Energy has reported a significant gas and oil discovery at the Shell-operated Pensacola prospect in the Southern North Sea.
UK well slot – All eyes on Alwyn
As of 27 January, Westwood Global Energy reports that there are three exploration wells active, with one in the NNS, one in the CNS and one in the SNS. Since the previous report, one well has completed at North Eigg and one appraisal well completed at Isabella.
Shell gas find ‘fantastic news’ for southern North Sea exploration
A gas find from Shell (LON: SHEL) and Deltic Energy (LON: DELT) could prove very positive for other players with exploration targets in the Southern North Sea.
Shell finds gas at hotly-tipped North Sea well Pensacola
Partner Deltic Energy saw its share price rocket by 50% on the news.